Karnataka Bank Solapur Sholapur Maharashtra MICR CODE

Find MICR Codes for Karnataka Bank Solapur Sholapur Maharashtra

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Solapur Maharashtra
Contact
Bank Details Karnataka Bank Ltd Solapur Maharashtra KARB0000715
Location Solapur, Sholapur
City Solapur
District Sholapur
State Maharashtra
Pincode 413002
Country IN
Address Bali ves, d no1, tale building, west, pb173, mangalwarpet, solapur 413002, maharashtra
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 413052002 for Solapur Maharashtra branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 413052002 of Karnataka Bank, Solapur Maharashtra branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Solapur Maharashtra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Karnataka Bank Ltd are available with micr code -

>>Solapur Maharashtra

MICR code for Karnataka Bank Solapur Maharashtra

Karnataka Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karnataka Bank MICR code for Solapur Maharashtra is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 413052002 is the MICR code of Karnataka Bank for Solapur Maharashtra branch. MICR code for Solapur Maharashtra branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Karnataka Bank Solapur Maharashtra is presented in the table alongside.

Use of Karnataka Bank MICR code for Solapur Maharashtra branch in solapur

The MICR code 413052002 is used in RBI cheque clearing process to identify the branch Solapur Maharashtra and Karnataka Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Karnataka Bank is typically in either of these two font’s: E-138 and CMC-7.

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